Trump’s media company plans to raise $3B to buy crypto: report
Donald Trump’s media company is planning to raise $3 billion to spend on Bitcoin and other cryptocurrencies, the Financial Times reports.
Trump Media & Technology Group (TMTG), which owns the Truth Social app, aims to raise $2 billion in fresh equity and $1 billion in a convertible bond, according to the report.
The move is the latest potential conflict of interest that has seen Trump pursue policies inside the White House that may financially benefit him and his family outside of it.
Shortly after coming to office earlier this year, President Trump vowed to make…
